Rising home prices in Lakeville in April

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The median sale price of a home sold in April in Lakeville rose by $37,500 while total sales decreased by 39.8 percent, according to BlockShopper.com.

In April, there were 59 homes sold, with a median sale price of $410,000 - a 10.1 percent increase over the $372,500 median sale price for the same period of the previous year. There were 98 homes sold in Lakeville in April 2021.

The median sales tax in Lakeville for the most recent year with available data, 2020, was $4,024, approximately 1 percent of the median home sale price for April.

The following table compares Lakeville to other Dakota County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Sunfish Lake10-$3,150,000$0-
Eureka Center10-$503,900$0-
Mendota Heights1216-25$412,000$355,50015.9
Apple Valley6192-33.7$347,000$310,50011.8

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